Discount on World Precision Agriculture Market

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World Precision Agriculture Market
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Summary

• Precision agriculture also known as site specific
  crop management (SSCM) and satellitefarming is
  an advanced farming technique that utilizes
  several technologies such as GPS, GIS and remote
  sensing to collect crucial field related
  information, which is further analysed tosupport
  growers decisions with regard to crop
  fertilizing, planting, and harvesting. In
  addition, sensors are placed throughout the field
  that measure temperature, nutrition level and
  humidity of the soil. Therefore, the technology
  eliminates manual human efforts by automating
  crucialprocesses including real-time farm
  monitoring and information sharing.
• Precision agriculture is swiftly gaining
  popularity among farmers due to the increasing
  need of optimum production with the given
  resources. Further, the changing weather patterns
  due toincreasing global warming, have
  necessitated the adoption of advanced
  technologies toenhance the productivity and crop
  yield. By offering technologies such as real-time
  farmmonitoring, weather forecasting, optimal
  field requirements and similar others,
  precisionagriculture enables the farmers to
  increase the yield with minimum human efforts and
  wastage. Moreover, the technology enables the
  farmers to manage their resources as well as
  access realtime information through their
  smartphones, thereby offering greater mobility
  and ease ofoperation. However, major restraints
  of the market are affordability of the technology
  and lack of awareness about the benefits of
  precision agriculture among farmers, particularly
  in thedeveloping countries.

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Segmentation Overview

• The report also presents a complete analysis of
  the world precision agriculture market basedon
  technology, component, and geography. GIS,
  telematics, VRT, GPS, and remote sensing are some
  of the key technologies covered in the technology
  segment. Among these, GPS is themost popular
  technology. The world precision agriculture
  market is further bifurcated into two key
  components hardware and software. Hardware
  includes sensors, drones, ASS, radar, GPS, and
  others (display, satellite, and mobiles).
  Software includes GIS, crop management software,
  weather tracking and forecasting software,
  inventory management software, peoplemanagement
  software, and financial management software. The
  market is further analysedacross four different
  geographies North America, Europe, Asia-Pacific,
  and LAMEA. NorthAmerica includes the U.S.,
  Mexico, and Canada, whereas Europe covers U.K.,
  Russia,Germany, Italy, France, and rest of
  Europe. The countries covered under Asia-Pacific
  areAustralia, China, India, Japan, South Korea,
  Taiwan, and rest of Asia-Pacific. LAMEA
  isbifurcated into Latin America, the Middle
  East, and Africa.

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• TOP FACTORS IMPACTING WORLD PRECISIONAGRICULTURE
  MARKET
• The top impacting factors of the world precision
  agriculture market arethe growing adoption of
  smartphones, aggrandized use of cloudtechnology,
  booming population,technological advancement,
  lack ofawareness, and high initial investment.
  Some of the factors such as lack of awareness
  about precision agriculture products and huge
  investment act as restraints for the market
  growth.
• World Precision Agriculture Market Top Impacting
  Factors
• The graph below represents the potential of
  various precisionagriculturetechnologies that
  are used for monitoring crops. Currently, GPS
  leadsthe world precision agriculture market
  growth, followed by VRT GIS.GPS market is
  primarily driven by factors, such as accurate
  locationtracking, minimal fuel consumption,
  increased productivity, and loweroperational
  costs.
• Top investment pockets
• The study provides an in-depth analysis of the
  world precisionagriculture market to elucidate
  the prominent investment pockets in the market.

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KEY BENEFITS

• The report provides a comprehensive analysis of
  the world precision agriculture marketwith
  current trends and future growth opportunities,
  challenges, and competitive scenario.
• The current market trends are quantitatively
  analysed and estimated for the period20152022,
  which have been provided to highlight the
  financial competency of the market.
• Porters five forces analysis provides inputs on
  the potential of buyers and suppliers
  andhighlights the competitive structure of the
  market, which is likely to enable market players
  to devise effective growth strategies and
  facilitate better decision-making.
• Value chain analysis provides key inputs on the
  role of different stakeholders involved
  atvarious stages.
• SWOT analysis of the key market players
  highlights the essential strengths and
  potentialopportunities in the market.

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Full Reports
World Precision Agriculture Market
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